Taking credit

Pioneering credit union Achieva acquires Preferred Community Bank of Lee County.

By Business Observer Staff
| 5:40 a.m. October 12, 2018
| 0 Free Articles Remaining!

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The credit union that captured national attention as the first credit union nationwide to acquire a bank is at it again.

Based in Dunedin, Achieva recently completed the acquisition of Fort Myers-based Preferred Community Bank, which was established in 2007 and operates branches in Fort Myers, Lehigh Acres and Cape Coral. The bank had $115.9 million in assets through June, according to Federal Deposit Insurance Corp. data.